An NGO in Pakistan has secured a loan from the Dual Return Vision Microfinance Fund of C-Quadrat Asset Management (AM), a member of the Austria-based C-Quadrat Investment Group. The NGO provides group loans to female microentrepreneurs, including farmers. All of these loans include health and life microinsurance. The NGO, which was founded in 1992, obtained its non-banking finance company license in 2016. C-Quadrat AM has chosen to keep the name of the microlender and the size of its loan confidential.
As of January 2019, the Dual Return Vision Microfinance and Dual Return Vision Microfinance-Local Currency sub-funds hold assets valued at a total of USD 585 million. The C-Quadrat Investment Group, which was founded in 1991, manages EUR 10 billion (USD 12 billion) in assets as of 2017. It has operations in 20 countries in Eurasia.
Sources and Additional Resources
Information provided directly to MicroCapital by C-Quadrat AM
Background on C-Quadrat Investment Group?
https://www.c-quadrat.com/en/company/history/
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